Question

Difference between environmental analysis and environmental scanning

Answer 1

A SWOT analysis reviews the business's strengths, weaknesses, opportunities and threats. As is the case with an environmental analysis, a SWOT analysis also surveys external circumstances. ... Within the strengths and weaknesses section of the SWOTanalysis, the company assessesfactors unique to the organization.

Answer 2

Answer:

The major difference between environmental scanning and environmental analysis is, in scanning the pros and cons of an activity are conducted in a survey, before execution, whereas in analysis the effects and feedback are collected after execution of any activity.

Explanation:

• When a company thinks of launching new product or service, it needs to take various decisions and surveys for ensuring the opportunities and threats on production of such products, this is done by environmental scanning.

• In analysis of environment, the consequences are recorded on basis of which next actions shall be based on.